Exemption under section 35AC extended for hospital equipment and running, enabling continued eligible project status and tax relief. The Central Government, under sub-section (1) read with clause (b) of the Explanation to section 35AC, specifies the purchase of equipment and running of the hospital by Shri K.K. Shah Sabarkantha Arogya Mandal at Vatrak, Sabarkantha, Gujarat, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002, at an estimated cost of ninety lakhs sixty thousand rupees, following a National Committee recommendation under rule 11M(5) that the project was being executed properly.